₦airaland Forum

Olaide1295:
Central bank’s reserves is not a fund the FG can spend or dip its hands in. That the reserves are building and the government is borrowing can co-exist.
The government runs on a budget, and the deficit comes component was known since last year. Government will borrow to fund the deficit even if reserves go to 100 billion.

HesInMe:
Not to rub it in, but let's not forget how some were flogging this 22% gross margin "tech" business as the next Moniepoint unicorn.

They know themselves.

Yoursfaithful:
These polithiefians have finished this country

House of Representatives approves Tinubu’s $2.35 billion loan request for 2025 budget -
https://nairametrics.com/2025/10/29/house-of-representatives-approves-tinubus-2-35-billion-loan-request-for-2025-budget/ https://search.app/Ttg5Z

Streetinvestor2:
It was regional

aj8:
Even with all this, there is a new kid on the block…Wema Bank. Their growth has been organic, driven by innovation, digital banking ALAT and capturing of the younger generation. Their expansion into a National bank could also add to the bank’s future prospects. If their Q3 remains positive, they can surpass N28.50.

mikeapollo:

Na one guy make me do that oooo
You have to support my campaign.Just make the billions in NGX and donate some formy campaign

Streetinvestor2:
U want him to send such to one guy on that list that his brain is in his bumbum..lol
B....guy

Utalinmou:
It is easy for manufactures to add up the vat as production cost. And good luck with them getting the rebate. only the big guys can push their way through.

When insincere people are after you they'll paint a brick like a bread until you give it a bite

I pity bludy civilians like me.
Churches needs to be listed on ngx because from next year, all things being equal they'll BOOM.

emmanuelewumi:
The extraordinary profit of last year was a one off thing.

Yet federal government of Nigeria got more than 50% of the huge profit based on forex gain

CBN did not talk about foreberance loans when the banks made the huge profit in 2024.


Now in 2025 when banks can't repeat last years performance, they now remember the foreberance loans given to the banks

If this was done last year banks would have used part of their bumper profit to pay down the loan.


If you want loan term wealth and value creation on NGX, please look beyond banking stocks

Banking stocks are only good for predictable dividend income

Mpeace:
The referenced article was released by Renaissance Capital on the 16th day of June 2025. Since then, both zenith and Uba have paid interim dividends. So the report have been overtaken by event even as they have been proved wrong.

essentialone:
Yeah it's not a recent Article. Just Brought it Forward, based on Recent Realities.

emmanuelewumi:
Did you bother to check the date of the article

Zenith paid interim dividend few weeks ago.

But for Access and FBN, dividend might stop for about a year

Utalinmou:
.............
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Now they introduced a new tax regime to mop up the remaining liquid of the population. Come to think of it ARE WE NOT SUPPOSED TO BE GETTING TAX CUTS to help us cope with the deregulation and subsidy removal? Why is it now that we are struggling to put our head above the waters from their bad policies that they want to drown us the more? Why didn't they wait for the economy and livelihood of the people to improve before introducing this new tax?
.........
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mikeapollo:
I did not campaign to become president! I did not say ''Emi L'okan'' but these are some common sense approach to adopt:

1. could have avoided making such reckless statement like ''subsidy is gone whether you like it or not'' at the inauguration ground when there was no cabinet, no ministers, no policy, no nothing. this comment dislocated economic activity in the nation
2. set up cabinet first and committee to consult with industry players, stakeholders and Nigerians on how to implement the policy and address its effects.
3. could have waited few months and possibly assisted Dangote to complete the refinery faster. Negotiate, sell crude to him in exchange for refined products at agreed naira prices., subject to periodic adjustments.
4. approach the NASS for possible supplementary budget to address possible temporary shortfalls in the budget. (to avoid the nation being thrown into confusion with fuel queues, hunger, demonstrations, riots etc. and for companies to prepare and plan ahead)
5. gradual, piecemeal devaluation of the currency, especially after we might have stopped importing refined products, with Dangote supplying and meeting our local needs.
6. adopt a managed exchange rate system, instead of complete floatation (it never favours an import-dependent, developing country)
7. sell gas to electricity generating companies in Naira, (instead of selling in USD) because Nigerian citizens pay for electricity consumed in naira. Selling gas to the Gencos in USD is a sure way to kill them especially when you devalue your currency from about N500 to N1,500 to the USD.
8. adopt prudent measures in govt., cut down wasteful expenditures. show leadership by example. Nigerian president can travel by commercial flight if the people are suffering. Avoid traveling to international conferences with 400 delegates etc.
9. Prioritize and complete existing viable projects (e.g. roads) instead of rushing to award questionable, inflated projects to cronies with little or no transparency.
10. do not share excess crude account in raw cash to state govts (it causes inflation). ask each state to indicate a key infrastructure project in their state and draw up plans to finance these projects using proceeds in the account (or part thereof) under the supervision of supra -national bodies e.g. world bank, AfDB etc.
..............etc etc etc

Agbalowomeri:
So na so ACCESS no even give 1kobo interim dividend. The situation must be very critical.

funkymedina2:
SOS Livestock in distress
https://doclib.ngxgroup.com/Financial_NewsDocs/45245_LIVESTOCK_FEEDS_PLC.-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_OCTOBER_2025.pdf

rmx:
Someone mentioned high entry barrier , true , I use to think that was the only issue but there is another major one

the main limitations is most of the major limestone mining licenses are locked up , you will basically have to buy out one of the big players like was done to larfarge to have access to them ,or someone that has that mining lease and has not started production , that is where the game is

Mangal however started production recently also

mikeapollo:
Thank you, Prefect!

Streetinvestor2:
Cement is banned completely from being imported into Nigeria. If not many importers would have brought it into the country as it is 2 dollars in China

emmanuelewumi:
Don't you think it is better to buy shares in such companies

HesInMe:
We have an oligopoly here in the cement market that is difficulty to disrupt given high costs of entry and distribution. They will fix the price as much as they want.

awesomeJ:
Please buy 5000 BTC when it launches, then DM Me when you get back to 2025 so we can share the loot 😁😁😁

awesomeJ:
What year are you currently in?

Most of us are already in 2025.

janykute:
25years or 5years?.

UNIBENDON:
.
By 2030,UBA will be more than ₦100!

UBA is a dividend machine .

UBA no be JAPAULGOLD or Ellah Lakes.

nosa2:
What is your start up?

zendi:
Then you liken Oando to an unlucky Zebra seized by the leg while trying to cross a crocodile infested River.
The Zebra is halted in movement (price action) mid-River, and groaning, as a giant croc pulled it deeper and deeper into the deep.

The giant croc is 3 trillion naira humongous Oando indebtness.

Even if Oando announces a new acquisition, it may not move the price because it's like a new croc coming to join the first in pulling Zebra deeper down.

Only the sudden news of dramatic progress in debt repayment (in taking steps to free/rescue the Zebra from the crocs) can set off a monster bull in Oando now as I see it.

HesInMe:
The industry is more like an elephant (Dangote), a leopard (BUA), and a cheetah (Lafarge). The cheetah is outrunning the others on asset efficiency and profitability, but the leopard is not dulling, and you know you can't ignore the mighty elephant.

Lion123:
Holding Geregu shares come be like joining cult. You no fit leave and renounce. I've made like 300% percent on paper but I am unable to sell. Simply no takers. I've been left with the bag.